Walker & Dunlop Inc. announced that Walker & Dunlop Investment Partners Inc., the company’s wholly owned alternative investment manager focused on middle-market commercial real estate investments, hired Marcus Duley as managing director.
Duley will be based out the firm’s Philadelphia office, where he will lead investment transaction execution for WDIP’s equity and debt investment vehicles.
Duley brings more than 20 years of experience to WDIP, previously serving as managing director at LEM Capital, an institutional real estate private equity fund manager focused on value-add multifamily equity investments. During his time at LEM, Duley led the company’s portfolio management and investment transaction execution functions. He was directly responsible for coordinating, negotiating and providing oversight for all investment-related transactions including acquisitions, financings and dispositions for over $3 billion of real estate. Duley also was a member of LEM’s Investment Committee and Valuation Committee.
Prior to LEM Capital, Duley was a vice president at LEM Mezzanine, the predecessor firm to LEM, which originated and invested in structured commercial real estate debt. In this position, he managed the underwriting, due diligence, loan documentation, intercreditor/co-lender agreement documentation and closings of $360 million of primarily subordinated debt investments in $2.6 billion of real estate. Additionally, he was responsible for loan workouts and restructuring for special assets.
Before joining LEM Capital and its predecessor, Marcus was a Commercial Real Estate Credit Manager at Wachovia Bank.
Duley received his bachelor’s degree in Business Administration from Loyola University Maryland and a Masters of Business Administration from Temple University.
Information in Movers and Shakers is provided by the submitter. To submit a Movers and Shakers item, visit https://thedailyrecord.com/movers/.